❗️ BlackRock's Bitcoin ETF becomes the world's largest $BTC fund.

🏢 The iShares Bitcoin Trust (IBIT) by BlackRock, a spot Bitcoin ETF, has become one of the largest holders of the leading cryptocurrency in the world, accumulating nearly $20 billion since its listing in the US earlier this year.

🔍 As of Tuesday, BlackRock's fund held $19.68 billion in $BTC, surpassing the Grayscale Bitcoin Trust with assets of $19.65 billion. The third spot was held by Fidelity Investments with $11.1 billion.

⚖️ The launch of spot Bitcoin ETFs marked a pivotal moment for cryptocurrencies, making Bitcoin more accessible to institutional investors and driving the price of $BTC to $73,798 in March.

😁 Let's start trading spot Ethereum ETFs already. We're eagerly awaiting it.

#BlackRock #BitcoinETF #BTC #IBIT #iSharesBitcoinTrust

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